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Sentinel Net Lease (“Sentinel”) closed out a very active year with three commercial real estate net lease investments totaling $40MM in the fourth quarter. In total, Sentinel, created by investment veterans Fred Lewis and Dennis Cisterna, acquired nearly $90MM in assets over the past 12 months.
CardWorks Servicing Center in Orlando, Florida (Photo: Business Wire)
Despite the challenges brought about by COVID-19 to commercial real estate investing, Sentinel has stayed true to its strategy, investing in real estate occupied by tech-centric and essential services companies that can operate successfully in both pandemic and recessionary environments.
The three most recent acquisitions include the Schnucks Fresh Foods grocery store in Peoria, IL for $7.5MM, the CardWorks Customer Service Center in Orlando, FL for $14.3MM and the Quail Commercial Center in Oklahoma City, OK for $18.6MM. These closings were
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